 | Fiscal Adjustment in the Gulf Countries: Less Costly than Previously Thought Author/Editor: Armand Fouejieu, Sergio Rodriguez, Sohaib Shahid. Release Date:June, 2018 This paper estimates fiscal multipliers for the Gulf Cooperation Council (GCC) countries. Using OLS panel fixed effects on a sample of six countries from 1990-2016, results indicate that GCC fiscal more...
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| Monetary Operations and Islamic Banking in the GCC : Challenges and Options Author/Editor: Ritu Basu, Ananthakrishnan Prasad, Sergio L. Rodriguez. Release Date:November, 2015 The assessment provides evidence of market segmentation across Islamic and conventional banks in the Gulf Cooperation Council (GCC), leading to excess liquidity, and an uneven playing field for more...
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